Category Archives: Tribal

Quote of the Day

Posted on May 26, 2015 by David McKee

“You can go to any country club in Alabama on Saturday night and get into a high-stakes poker game … You let the tribes operate gambling and people perceive that Indians and money are incompatible.” — Poarch Band of Creek Indians … Continue reading →

Posted in Alabama, Tribal | Comments Off

New York’s big score; Tribe wins in California

Posted on May 22, 2015 by David McKee

Various law enforcement agencies are richer to the tune of $9.6 million after nailing an offshore betting ring that extended all the way to Panama. The case started humbly enough, with some Albany County jail officers found to be involved … Continue reading →

Posted in California, Florida, International, Internet gambling, New York, Oklahoma, Penn National, Regulation, Technology, Tribal | Comments Off

Penn “upbeat” about future; Connecticut tribes closer to new casino

Posted on May 20, 2015 by David McKee

Penn National Gaming CEO Tim Wilmott recently broke bread with J.P. Morgan analyst Joseph Greff, who found Penn management “positive and primarily focused on PENN’s robust development pipeline,” which it thinks will produce improved cash flow even before the Tropicana … Continue reading →

Posted in Alex Yemenidjian, California, Florida, Foxwoods, Hard Rock International, Harrah's, Massachusetts, Mohegan Sun, Penn National, Racinos, Rhode Island, Station Casinos, The Strip, Tribal, Wall Street | Comments Off

Ghosts of projects past; Alabama rethinks gambling

Posted on May 18, 2015 by David McKee

With so much Las Vegas Strip acreage either in flux (Tropicana Las Vegas, Hooters Casino Hotel) or newly on the market (“Project Jackpot”), CBRE Las Vegas has been moved to unleash 60.5 acres on Harmon Avenue that were the graveyard … Continue reading →

Posted in Alabama, Hard Rock Hotel, history, Hooters, Penn National, Planet Hollywood, Racinos, Taxes, The Strip, Tribal | 1 Comment

Carey: raptures and wreckage; Vegas’ affordability tested

Posted on May 8, 2015 by David McKee

Our most giddy local gossip merchant experienced multiple verbal orgasms when describing Mariah Carey‘s Caesars Palace residency show. Even the Second Coming of Jesus Christ would have a hard time living up to this nonstop gush. (Helpful hint: If Carey … Continue reading →

Posted in Entertainment, Florida, Harrah's, Massachusetts, MGM Mirage, Politics, Sports, The Strip, Tourism, Transportation, Tribal | 1 Comment

The perils of Pence; Court prods Caesars

Posted on April 30, 2015 by David McKee

Indiana‘s casinos are now officially at the mercy of Gov. Mike Pence (R). The Hoosier State’s General Assembly passed a compromise bill that has something for the casinos (transplanting to terra firma) and something for Pence, namely a five-year moratorium on … Continue reading →

Posted in Atlantic City, Entertainment, Harrah's, Illinois, Indiana, Planet Hollywood, Politics, Racinos, Riviera, Taxes, The Strip, Tribal, Tropicana Entertainment | Comments Off

Indian givers on Capitol Hill; Revel powers up

Posted on April 27, 2015 by David McKee

Arizona‘s congressional delegation is willing to gamble $1 billion of your and my dollars to keep the Tohono O’odham Nation from having a casino. At the moment, Sen. John McCain (R) and his junior henchmen are plotting to stick their … Continue reading →

Posted in Arizona, Atlantic City, Glenn Straub, Internet gambling, Mohegan Sun, Politics, Revel, Sheldon Adelson, Singapore, South Korea, Tribal | Comments Off

Shame on Arizona; Big plans for Gold Strike

Posted on April 24, 2015 by David McKee

With Gov. Doug Ducey opposed, along with a state gaming agency that refuses to OK its casino, the Tohono O’odham Nation has to decide whether to insist upon a December opening or bow to the state’s objections. Despite having lost time … Continue reading →

Posted in Arizona, Massachusetts, MGM Mirage, Politics, Regulation, Rhode Island, Tribal | Comments Off

Tribal tensions in Indiana; Mississippi tapped out?

Posted on April 23, 2015 by David McKee

Indiana legislators are making it more difficult for the Pokagon Band of Potawatomi Indians to reach a compact with Gov. Mike Pence (R), according to the tribe, which charges lawmakers with meddling in the compacting process. The Pokagon Band, which owns … Continue reading →

Posted in Economy, Harrah's, Indiana, Maine, Mississippi, New Hampshire, Politics, Racinos, Regulation, Tribal | 1 Comment

Sands, Penn and Pinnacle report

Posted on April 23, 2015 by David McKee

“Tough to find positives … worse than feared” were the attention-grabbing headlines on Deutsche Bank analyst Carlo Santarelli‘s summary of Las Vegas Sands‘ first-quarter report. Of the crisis in Macao, he wrote, “While management remains optimistic with respect to cost … Continue reading →

Posted in California, GLPI, Indiana, Louisiana, Macau, Massachusetts, MGM Mirage, Missouri, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Singapore, The Strip, Tribal, Wall Street | Comments Off

Revel’s Faustian pact; Hope fades in Florida

Posted on April 22, 2015 by David McKee

Glenn Straub finally got what he wanted, the right to ixnay the contracts of all the tenants at Revel, aka Polo North. After much hesitation during the constipated bankruptcy sale, Judge Gloria Burns finally ruled against the leaseholders, meaning the brawl … Continue reading →

Posted in Atlantic City, Environment, Florida, Glenn Straub, Politics, Racinos, Regulation, Revel, Steve Wynn, Tribal, Wall Street | Comments Off

Phua case goes “poof!”; Texas casinos a mission impossible

Posted on April 20, 2015 by David McKee

A federal case against an unlicensed, do-it-yourself sports book collapsed like a pup tent when a federal judge tossed out both the premise of an FBI search and, by extension, the evidence gathered therefrom. In a warrantless search, G-men cut … Continue reading →

Posted in Atlantic City, Environment, Harrah's, Internet gambling, Iowa, Louisiana, Politics, Problem gambling, Racinos, Regulation, Texas, The Strip, Tribal | Comments Off

Paradox in Maryland; Otter saves “instant racing”

Posted on April 7, 2015 by David McKee

While its competitors dealt with a variety of revenue declines, despite posting a record amount of revenue, Horseshoe Baltimore was up in March, grossing a best-yet $25 million. On a statewide basis, revenue was 17% higher last month. However, casinos … Continue reading →

Posted in Cordish Co., GTECH, Harrah's, Horseracing, Idaho, IGT, Maryland, Penn National, Racinos, Regulation, Reno, Tribal, World Series of Poker | Comments Off

Who is Glenn Straub?; Tribal desperation in Texas

Posted on April 7, 2015 by David McKee

He’s a specialist in buying and (sometimes) turning around distressed properties, it would seem. He’s also characterized as a hard-charging businessman who leaves bruised feelings in his wake. “He’s not someone who’s going to consider the other person’s point of view. … Continue reading →

Posted in Atlantic City, Florida, Glenn Straub, Louisiana, Politics, Revel, Texas, Tribal, Wall Street, West Virginia | Comments Off

Disney dives into gambling; Death at M Resort

Posted on April 6, 2015 by David McKee

Gambling really is the all-American pastime now that Walt Disney Co. is buying a $250 million piece of for-money fantasy league DraftKings. The agreement commits Disney to buy $500 million in advertising time and imagery on a variety of ESPN … Continue reading →

Posted in Florida, Harrah's, M Resort, Penn National, Politics, Sports, Tribal, TV | 1 Comment

Revel: Straub checkmated?; New player in Indiana

Posted on April 1, 2015 by David McKee

By reaching an accord with Revel tenants, East Coast developers Howard Milstein and Carl Goldberg may have aced Glenn Straub for the dubious trophy that is Revel. They’re bidding $88 million for the property, potentially leaving Straub to fall back … Continue reading →

Posted in Atlantic City, Economy, Glenn Straub, Harrah's, Indiana, Revel, Tribal, Wall Street | 1 Comment

Penn National exits major project

Posted on March 31, 2015 by David McKee

There’s one casino license left in Pennsylvania but favorite son Penn National Gaming won’t be the one developing it. “We are disappointed to be withdrawing from this project. However, given the continued softness in the economy and the level of market saturation … Continue reading →

Posted in Cannery Casino Resorts, Foxwoods, GLPI, Harrah's, Isle of Capri, New York, Ohio, Oklahoma, Penn National, Pennsylvania, Racinos, Technology, Tribal | Comments Off

Macao: What, us worry?; Florida grapples with gambling

Posted on March 30, 2015 by David McKee

Two Hong Kong-based stock analysts recently met with the Macanese Gaming Inspection & Coordination Bureau. Much to their surprise, when they asked “what positive policy measures can be enacted to help stop the trend of negative gaming revenue growth,” they … Continue reading →

Posted in Economy, Florida, Horseracing, Idaho, Macau, Politics, Problem gambling, Racinos, Regulation, Sheldon Adelson, Tourism, Transportation, Tribal | Comments Off

Saving souls on Capitol Hill

Posted on March 26, 2015 by David McKee

Rep. Jason Chaffetz (R) finally got to hold his dog-and-pony show on the eeeeeeevils of Internet gambling, after a previous date had been snowed out. As expected, the proceedings “broke little new ground” on the issue. Afterward, Chaffetz condescended to … Continue reading →

Posted in Atlantic City, Fontainebleau, Harrah's, Internet gambling, New York, Politics, Regulation, Revel, Sheldon Adelson, Technology, Tribal, Trump Entertainment Resorts | Comments Off

Case Bets: Okada, Massachusetts, Connecticut, Ruffin

Posted on March 20, 2015 by David McKee

It’s been a good week for Kazuo Okada. The boss of Universal Entertainment Corp. announced that investigations of him in Japan and the Philippines had closed and given him a clean bill of health. The probes were set off by … Continue reading →

Posted in Foxwoods, Japan, Kansas, Kazuo Okada, Massachusetts, Mississippi, Mohegan Sun, Phil Ruffin, Philippines, Regulation, Steve Wynn, Tribal | Comments Off